FSR is reviewing the tax proposal outlined this week to ensure it increases economic opportunity, creates more good-paying jobs, incentivizes workers to save for retirement, and helps more Americans access important financial products and services.

Mortgage companies, HUD-approved non-profit housing counselors, the Department of Veterans Affairs (VA), FEMA, insurance companies and local partners are coming together to form Mortgage Assistance Centers to assist families along the road to recovery.

Congress must quickly deliver needed aid to Texans suffering in the wake of Hurricane Harvey and protect Americans from future flooding disasters through a long-term reauthorization of the National Flood Insurance Program.

FSR strongly supports the Committee’s overall goal of enacting a simpler, fairer, and a more efficient tax code that significantly reduces tax rates on individuals, businesses, and investment income. Such reforms will create jobs, increase wages, bolster economic growth, and make America a more attractive place to invest.

HPC believes that the proposed assessment, as described in the RFI, is based upon a deficient application of the Dodd-Frank Act requirements and we respectfully request that CFPB withdraw the RFI for reformulation and re-issuance.

“This industry provides vitally important services to nearly every American – every day. Affordable access to financial services is key to growing the American economy and fueling the American dream.” -Tim Pawlenty, FSR CEO

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